Liberalised remittance scheme pdf

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Remittances made under Liberalised Remittance Scheme (LRS) for Individuals. S0024. External Assistance extended by India. e.g. Loans and advances extended by India to Foreign governments under various agreements. S0025. Repayments made on account of External Assistance received by India. S0101. Advance Liberalised Remittance Scheme of USD 250, 000. (To be completed by the applicant). I. Details of the applicant a. Name .. b. Address c. Account No.. d. PAN No. II. Details of the foreign exchange required. 1. Amount (Specify currency) (Name), hereby declare that the total amount of foreign exchange purchased from or remitted through, all sources in India during the financial year including this application is within the overall limit of the. Liberalised Remittance Scheme prescribed by the Reserve Bank of India and certify that the source of funds for making 1 Jan 2016 To,. All Authorised Persons in Foreign Exchange. Madam / Sir,. Master Direction - Liberalised Remittance Scheme (LRS). The captioned Scheme was introduced on February 4, 2004, vide A.P. (DIR Series) Circular No. 64 dated February 4, 2004 read with GoI Notification G.S.R. No.207(E) dated March 23, 11 Feb 2016 Revised Description. S0023. Remittances made under Liberalised. Remittance Scheme (LRS) for. Individuals. Opening of foreign currency account abroad with a bank i. For facilitating the existing monthly reporting of LRS transactions under ORFS, AD banks may use the following purpose codes only: Sr. Liberalised Remittance Scheme (LRS) of USD 2,50,000 for resident individuals. Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account transaction or a combination 25 Jul 2016 25 7 17 Commission to Agents Abroad for Sale of. Residential / Commercial Plots in India. 23. 25 7 18 Liberalised Remittance Scheme-LRS. 24. Annex No. Annexure. 1. APPLICATION FOR RELEASE OF FOREIGN EXCHANGE. FOR TRAVEL ABROAD. 28. 2. FORM & APPLICATION FOR REMITTANCE 1 Jan 2016 Master Direction - Liberalised Remittance Scheme (LRS). A. Liberalised Remittance Scheme (LRS) of USD 2,50,000 for resident individuals. 1. Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-. Important information on Remittances for Residents. Liberalised Remittance Scheme of USD 250,000 for Resident Individuals. Effective 1 June 2015, Under the Liberalised Remittance Scheme, (hereinafter referred to as the Scheme/LRS) resident individuals are allowed to remit up to USD 250,000 per financial year. 1 Jul 2010 A.13 Liberalised Remittance Scheme of USD 200,000 for Resident Individuals. 13.1 Under this Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 200,000 per financial year (April-March) for any permitted current or capital account transactions or a combination of